Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Down 32.6% in February

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 121,000 shares, a decrease of 32.6% from the February 13th total of 179,600 shares. Currently, 7.4% of the company’s shares are short sold. Based on an average trading volume of 351,400 shares, the short-interest ratio is currently 0.3 days.

Tradr 2X Short Innovation Daily ETF Price Performance

SARK traded up $0.45 during mid-day trading on Monday, hitting $50.44. 58,805 shares of the stock were exchanged, compared to its average volume of 286,608. The firm’s fifty day moving average is $38.12 and its two-hundred day moving average is $56.24. Tradr 2X Short Innovation Daily ETF has a 1-year low of $27.86 and a 1-year high of $132.54.

Tradr 2X Short Innovation Daily ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $6.5153 per share. This is an increase from Tradr 2X Short Innovation Daily ETF’s previous dividend of $3.26. The ex-dividend date was Monday, December 23rd.

Tradr 2X Short Innovation Daily ETF Company Profile

The AXS Short Innovation Daily ETF (SARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed fund that seeks to achieve -1x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions.